Gambling.com Group reported record Q4 2024 revenue of $35.2 million, highlighting strong growth in its digital marketing services. The company also introduced 2025 guidance, expecting revenue between $170 million and $174 million. CEO Charles Gillespie emphasized their strong market positioning and confidence in continued growth.
Q4 2024 revenue reached $35.2 million, marking a new record. Net income came in at $7.8 million, while Adjusted EBITDA was $14.7 million, with a 42% margin.
The company generated $13.6 million in cash flow from operating activities in Q4. Free cash flow stood at $13.1 million, supporting future investments and growth.
Full-year 2024 revenue totaled $127.1 million, a significant increase. Net income reached $30.5 million, while Adjusted EBITDA was $48.5 million, reflecting a 38% margin.
Annual cash flow from operations was $37.6 million, with free cash flow at $41.5 million. These figures indicate strong financial health and efficient capital use.
CEO Charles Gillespie credited execution focus and the company’s ability to drive high-intent traffic to its success. He expects record performance to continue in 2025.
The company forecasts 2025 revenue between $170 million and $174 million. Adjusted EBITDA is projected between $67 million and $69 million, showing confidence in sustained profitability.
Find more news here https://www.ogqnews.com/category/news/